Investcorp allocates to ex-EJF partner’s Shoals Capital

Investcorp has allocated an undisclosed amount of strategic capital to Shoals Capital Management, a start-up run by former EJF Capital portfolio manager Jeff Hinkle. Other institutional investors include a large US pension plan, according to Investcorp, which is including the $160m event-driven specialist fund on its Hedge Funds Partnership (HFP)